[GLOBAL SOUTH] What's Driving the Steady Decline in Chinese Overseas Development Lending?
The China in Africa Podcast
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The Top 10 Borrowers From China
The Asian region has received 35% of this finance followed by Latin America with 26%. Then Africa with 23%. And then it goes down to Europe and Oceana as well. So what do these countries have that makes them so preferable for Chinese policy banks? In a word, state-owned oil companies.
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